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Treaty could be next GameStop
IMO
Something’s up!
I was 9 minutes late to the call but I was number 104. EOM
I agree ... I think you hit it right on the head!
That is an excellent idea !
Happy Easter everyone!
There is one thing no one can dispute:
....The tomb is empty!
Do you think Treaty will have all filings done by end of month ?
You are absolutely right about that... No sellers
gentrification
Definition
The process of wealthier residents moving to an area, and the changes that occur due to the influx of wealth. As wealthier inhabitants move into an area that is already populated with lower-income residents, the neighborhood begins to change as well. Often this will spark an urban renewal process, which cleans up the town, but often leads to an increase in rent, taxes, and other items. Sometimes this change means that the previous residents can no longer afford to live in that neighborhood, which is why gentrification can sometimes be used in a negative context. However, many good changes also historically accompany gentrification, such as decreased crime rates and increased economic activity.
Check out that divergent accumulation line! She's bound to Pop!
Bronco, do you think they drilled down to the full 4000 ft depth as planned for SJ #1??
OK I'll play blindinvestor!
before the 15th or after?
before labor day or after?
Willy
Nice post. Way to not let these irresponsible assumptions get by without some push back. You gotta wonder what the ulterior motives are for these people that conclude things without basis.
Has anyone noticed that the new director, George Warren, and the new partner, Schlumberger, both have expertise in offshore drilling?
Willy
How about this?
http://www.wilsonenergy.com/
Cool, I also think the .37 print was significant. It happened once before, you know, earlier in the year. It was after the April peak price sometime and there was a false print at about .34....and I thought it was a harbinger of .34 price... but instead it went DOWN to .034 from about .07!
What do you think the meaning of this latest false print is??
New as of 11/11/11, Level III Trading and Basco have issued a "planned sale" of 2 million shares between them. I guess they have 3 months to exercise this sale.
I found this info as I didn't know what conductor pipe and spudding was...
http://www.kgs.ku.edu/Publications/Oil/primer12.html
I think it helps us non-drillers.
Willy
Perhaps Treaty is waiting for the Paradise concession purchase to close on Friday before drilling...??
I hate to say it but 5,2 bollinger bands are pinching again... .052 close tomorrow?
I think I'll quit while I'm ahead akphidelt! But like many others I am expecting a big run up to drilling date and then we may see that .25 if there is oil found.
Booyaa! Who is da man???!! look at today's closing price and then look at this posted last Thursday>>.
I disagree with you. I predicted price movement on 9-1 and 9-15 based on bollinger bands before they happened. Unfortunately the price movement on 9-1 was down instead of up. But if you look at the tightening of these bands you will see there is some kind of price movement the next day of a severe pinch in these bands. Also the MAC lines are setting up for a crossover which is a very good indicator of an impending breakout.
I would qualify all of this as going out the window if there is any manipulation going on.
all imo
Well Ok I'm going to try again with this...
I'm seeing the 5,2 bollinger bands pinching again. I would say one more day of pinch ought to do it and the price will move. Last time I forgot to say that while the price could go up by a penny, the price could also go down by a penny (which it did!)...see my prior posts to see what I am talking about.
Since we are in a down turn I think I will go out on a limb and predict at least .045 on Monday! all imo as I told you I'm don't have a good track record (yet).
Willy
If you look at the bollinger bands at 5,2 you will see that the big "pinch" has occurred 3 times in the last 2 months. The first 2 times the price went up by about a penny the next day. The third pinch happened today, so guess what is going to happen tomorrow if the current price is .0425?....0425 + .01 = ???
All imo. Please don't buy or trade on this info as I do not have a good track record for these things.... but it sure is interesting isn't it?
Willy
Do you see the
pattern? This chart shows close of .0525 tomorrow!
Don't show this to MM's or they will not let it be...
http://stockcharts.com/h-sc/ui
enter "TECO" for symbol
select "overlays" pulldown menu and select bollinger bands and "update"
modify Bolinger bands to "5,2" and re-enter and limit "range" to 3 months...."update" again
all imo
Should this not have made it on to the 10Q as a subsequent event? I don't think the word Kansas was even on the 10Q...(maybe once)
The Kansas office has the same address as Kanzou Oil Exploration Inc.
http://kansascity.citysearch.com/profile/633576150/paola_ks/kanzou_exploration_inc.html
what's with that?
Found this on facebook page 9 minutes ago:
Treaty Energy Corporation will present the newly designed company logos for Treaty Energy Corporation and Treaty Belize Energy on Monday 8/22 .
Small sales don't tell you much....
Insider Transactions: Form 144
Insiders are required to file Form 144 if they intend to sell certain restricted shares within the next three months, although they are not required to follow through with the sale.
by MoneyWatch.com | Feb 12, 2010 | 2
Don’t Miss: Take note when insiders don’t follow through on a sale; it may be a sign that they think the shares have become too cheap to sell.
Form 144 probably won’t help you find new candidates for your portfolio—but it might serve as your earliest warning that insiders are losing faith in a stock. A firm’s insiders must file the form before they sell restricted shares (stock the firm never offered to the public). By contrast, other information about insider selling (or buying) isn’t available until after the transaction has taken place.
The Rules
Insiders are required to file Form 144 if they intend to sell certain restricted shares within the next three months, although they are not required to follow through with the sale. Form 144 deals solely with the sale of restricted stock—stock that includes limits about how and when the shares can be transferred. Individuals often receive restricted shares in exchange for investing in the firm before its initial public offering. Company insiders may also acquire restricted stock by exercising options they’ve received from the firm.
The form includes the following information. Most of this data also appears in Form 4 once the sale is made—but Form 144 is the first place you’ll see it:
The class of securities to be sold
The number of shares for sale, and their estimated market value
The estimated date of sale
The date the shares were acquired
Information on how the shares were acquired (for example: stock option exercise, stock award to directors)
What to Look For
The information you find in a series of 144 filings sometimes can tip you off that insiders are questioning the company’s prospects. That said, keep these points in mind:
Context matters. Form 144 doesn’t tell you anything about non-restricted holdings—so you will want to use it in conjunction with other filings, such as Form 4, [LINK] which offer more information about insider holdings. That way you’ll get a fuller picture of insider holdings and trading patterns. Mark Weisberger, an officer at DineEquity, Inc. filed a Form 144 in May of 2009 revealing his plans to sell 7,000 shares in the company. The next day he filed a Form 4 showing that those shares represented most of his holdings in the firm. That sounds like cause for concern, but more nosing around revealed that most other recent Form 4 filings for the company showed insiders buying the shares.
Sales of stock in recent IPOs may be significant. A newly public company may be a fragile entity, so investors in IPOs should keep an eye out for signs of trouble. Here’s one: Insiders sell a significant percentage of their restricted stock soon after the firm’s offers its shares to the public.
Small sales don’t tell you much. They may reflect an insider’s personal finances—time to pay off the mortgage or finance college costs for the grandchildren. An executive at S&T Bancorp filed Form 144 in February of 2009 indicating his intention to sell 319 of his more than 1,300 shares. The shares to be sold had an aggregate market value of $8,211. Chances are, he needed the cash to pay a bill.
Even big sales aren’t always a big deal. Many insiders who hold sizable stakes in their firm understandably feel the need to diversify their holdings as a safety net. Such sales may not tell you much about the stock’s prospects—but it’s a red flag when several insiders announce plans to sell large chunks of their stock holdings at the same time.
Take note when an insider doesn’t follow through on a sale. Insiders must report their actual sales of restricted stock on Form 4 LINK, which includes information about the price the shares fetched. When a Form 4 doesn’t follow a 144 filing within three months, it may suggest that the prospective seller thinks the stock is undervalued and has decided to wait for a better price.
*Footnote:
The SEC doesn’t require that companies file Form 144 electronically, so the information in the filings sometimes takes a week or more to reach the public.
Read more: http://moneywatch.bnet.com/money-library/sec-filings/tutorial/144/#ixzz1VYsNcXzJ
We were supposed to hear the specifics about the Kansas deal last week and we never did. I believe that this Kansas deal is going to be really something because there was a 9 million dollar funding in place for it. People are wondering where all the money is coming from? I think the new deal with Town Oil may be a nice big surprise... of course I don't know, but It sure feels like something is up...where will Town Oil fit in? Also, I think that Treaty is rubbing shoulders with BNE (existing oil co. in Belize) and I think there may be some joint venture(s) there...The plane bought for further geographic analysis could it be that there will be expanded uses for it??? The Chinese concession is now unassigned, I believe....
Lots could happen and I don't know what it is but surely we are not stupid and we can speculate if we want! All IMO.
Willy
Happy Easter Everyone!
...the tomb is empty!!!
Up another 13% on over 4 million in volume... if this is dilution, keep it coming! Some people are very alarmist under these conditions... I kind of wonder what their agenda is.
Of course the company is going to use the shares to buy other companies and grow, welcome to the capitalist system!
Providence energy group and Treaty sure do have alot of similarities:
both have Belize concessions
both have base in Houston
both have domestic oil and gas activities.. Kansas..etc
both have similar web sites
http://providenceenergygroup.com/
http://wn.com/Providence_Energy_Group_Belize_Oil_presentation
You (Farviewhill) asked on 1-16-11 why they were not drilling for oil in the south of Belize where they thought there was alot of oil. I mentioned at the time that I thought the drilling was hung up because it is park land and that it was difficult to get a permit.
It looks like US Capital are now getting their permit for this August:
http://greatbelize.com/tag/oil-drilling/
This concession is just south of the Treaty concession .. the Providence concession is just below (south) of the US Capital concession.
I believe the answer to your question is that the areas to the south of the Treaty concession are designated national park lands and that they are having much difficulty getting permits to drill them.... just something I picked up in my reading imo
The "new" thing I learned was the preparation for $12M in debt financing. Everybody was wondering where the financing would come from for the Kansas Leases and the Belize drilling....now we know.
Willy
Here's an interesting article I found:
http://www.latinpetroleum.com/new/newsdetail.php?aid=2256&cid=16&content=F&pagename=article&page=8
Now that you mention it, it makes sense if they are showing the original shots 1,2,3... of the Belmopan area as a reference. I guess slide #15 is OK... although confusing as they state in subsequent slide #17 that "the overall 3D view amounts to 1% of the concession" and yet the 3D view shows the Belmopan area. It would have helped if they simply outlined where the concession boundaries are in these slides.